Neste has signed a new
The margin under the RCF will be adjusted based on Neste's progress to meet its greenhouse gas emission reduction target.
As part of its aim to become a global leader in renewable and circular solutions, Neste has set strategic climate targets to reduce its own and customers' greenhouse gas emissions. Over the past ten years, Neste has focused on producing renewable fuels to replace fossil fuel use. In 2018, Neste's renewable products helped customers to reduce their greenhouse gas emissions by 7.9 Mt CO2eq, equalling the combined annual carbon footprint of 1.2 million average EU citizens. Neste's target is to reduce customers' greenhouse gas emissions with its renewable and circular solutions by at least 20 million tons CO2eq annually by 2030.
Senior Vice President, Sustainability,
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Neste in brief
Neste (NESTE, Nasdaq Helsinki) creates sustainable solutions for transport, business, and consumer needs. Our wide range of renewable products enable our customers to reduce climate emissions. We are the world's largest producer of renewable diesel refined from waste and residues, introducing renewable solutions also to the aviation and plastics industries. We are also a technologically advanced refiner of high-quality oil products. We want to be a reliable partner with widely valued expertise, research, and sustainable operations. In 2018, Neste's revenue stood at
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